Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Components of Earnings Per Common Share - Basic and Diluted

Earnings per common share – basic and diluted components for the periods indicated are as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Numerator:
Income from continuing operations	$	32,918		$	36,969		$	72,842		$	57,602
Gain on sale of property	46,953			32,224			155,998			47,987
Net income attributable to noncontrolling interests	(1,582		)	(5,341		)	(3,727		)	(10,911		)
Net income attributable to common shareholders - basic	78,289			63,852			225,113			94,678
Income attributable to operating partnership units	528			526			1,056			—
Net income attributable to common shareholders - diluted	$	78,817		$	64,378		$	226,169		$	94,678
Denominator:
Weighted average shares outstanding – basic	127,505			127,788			127,714			127,700
Effect of dilutive securities:
Share options and awards	813			848			799			894
Operating partnership units	1,432			1,459			1,432			—
Weighted average shares outstanding – diluted	129,750			130,095			129,945			128,594

Schedule Of Anti-Dilutive Securities Of Common Shares

Anti-dilutive securities of our common shares, which are excluded from the calculation of earnings per common share – diluted, are as follows (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2018	2017	2018	2017
Share options (1)	—	207	—	—
Operating partnership units	—	—	—	1,460
Total anti-dilutive securities	—	207	—	1,460

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(1) Exclusion results as exercise prices were greater than the average market price for each respective period.